Yeah thank me for it touching a low of 2.92 and bouncing upward ;) I had an order to buy more at 2.92, but must have hit that on the sell side, maybe if I would have bid 2.93 (or not used my Scottrade account, seems to suck at executing orders)...
Steelmakers U.S. Steel, AK Steel and Tenaris rallied to close near highs following a report from Bloomberg that a group of U.S. steel companies filed a lawsuit with the ITC against pipemakers in nine countries including India, South Korea and Taiwan.
and this also .
years to make it thru the system. better to buy off a few senators and get faster relief.
increased auto sales cann't hurt but are not the salvation. its all about spot steel prices, when they turn up then the rally starts. until then it treads water.